- According to the report by industry body Nasscom and PwC India, India’s e-commerce market will surpass $100 billion by 2022. The e-commerce market is worth about USD 35 billion at present.
- E-tail and e-travel will continue to hold their sway with over 90 per cent share of e-commerce. Online financial services will experience the fastest growth.
- E-commerce can potentially create one million plus jobs by 2023.
Points to remember:
- India’s e-commerce market will surpass $100 billion by which year?
- E-commerce can create one million plus jobs by which year?